Bitcoins Price hit 1111.11 USD and is 50 USD Away from ATH on BitStamp

in #bitcoin7 years ago

After yesterdays rally started on BitFinex where somebody bought 3000 BTC in matter of seconds the price started going up.

It is worth noting that it might be insiders who know SEC decision on ETF buying in or speculators who believe it will be approved.

The top10 markets price is:

As you can see the only non BTC/Fiat volume is on ETH which means investors are moving money in favor of BTC.

Somebody was capable of grabbing a screen with:

Currently its even higher:

Its anticipated to get on Bitstamps All TIme High price just by price raising by 50 USD.

BTC has already passed ATH in all European countries which dont have EUR as base currency.

On the other hand it means cryptocurrencies which are all paired to BTC will be loosing more and more in value.

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I love how you underline the flow of consciousness with this one, thank you for sharing the goodness our way!

I did the same with my Steem Power as well:

STEEM POWER.jpg

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This guy Clif High, producing webbot report is expecting Bitcoin to reach 10 000. Here is the discussion on the expected chart patterns for Bitcoin several months ago. Worth watching him regarding Bitcoin

It should be noted that fees and transaction delays are also at an all time high on the Bitcoin network.

I'm sorry to say that I believe Bitcoiners are going to be seriously burned by this. Any bubble that happens in the coming weeks will make the Bitcoin Network unusable to a degree never seen before, potentially resulting in a crash bigger than any before. It is the first time that the potential and practical utility of the Bitcoin Network itself has been seriously undermined.

Also if it gets too high in price the minimum fee of sending will become pretty crazy. If you want to sell on the bubble probably its good to keep money on exchange ready

Wow that's crazy brother
how you can do that?iam so envy with you

Do not envy, just make yourself work more :)

It's going to go much higher, Donald Trump is president, the world is starting to crumble lol.

Lets wait for 11 march ;)

LiteCoin and ETC just continually plug away, in the green a lot of days, quietly with nobody talking about them LOL.

(:

Great post man. I was able to catch this before the bot we discussed!

Your posts over the months continue to be some of the best going and informative.

Ha thanks man! LTC sadly lost parity with BTC, if it was 2013 it would be at 60 USD now..

It is amazing how much stuff you know, honestly.

I'm here for the all time high celebration too.

Glad you decide to celebrate with me ;)

Great stuff! Thank you for sharing!
Followed based on your prior posts too.

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